1 jobs in China Life Insurance Singapore
Senior Officer, Risk & Compliance
Singapore
China Life Insurance Singapore
Posted 1 day ago
Job Viewed
Job Description
Sales Compliance
- Conduct full scope of work required under BSC: fact-find and recommendation review, client surveys, mystery shopping and prepare quarterly regulatory submissions
- Conduct market conduct training for representatives
- Conduct full scope of work required for Replacement of Policies: Filter cases that falls within the ROP rules, review switching cases, prepare appeal and ensure commission clawback (if any) is successfully administered
- Investigate complaints and allegations of misconduct, prepare reports on investigated cases with sound analysis and conclusion
- Perform thematic sales compliance reviews
- Render advice to the business on requirements under the Financial Advisers Act (FAA) and FAA-related regulations and guidelines
- Review training, sales, product and marketing collateral to ensure compliance with regulatory and industry requirements
- Timely completion of BSC reviews and report each quarter
- Timely completion of complaint investigations and reports
- Timely completion of Replacement of Policies reviews and report
- Successful completion of items assigned in the annual compliance plan
- Timely response to queries from regulators and business units
- Timely follow-up with business units on any audit/regulatory points highlighted by regulators/auditors
Requirements
- Tertiary education
- 3 years of sales compliance and/or training and competency experience in a licensed or exempt financial adviser
- Good understanding of FAA, life insurance products, needs-based selling and financial planning concepts
- CMFAS M5, M9, M9A and CHI is advantageous
- Chartered Financial Consultant or Certified Financial Planner (added advantage)
- Bilingual (English and Mandarin - written and spoken)
- Must possess excellent writing and critical thinking skills
- Numerate, methodical and meticulous
Is this job a match or a miss?
Apply Now
0